Global Tourniquet Market Research Report 2023(Status and Outlook)

Global Tourniquet Market Research Report 2023(Status and Outlook)

Report Overview

A tourniquet is a constricting or compressing device, specifically a bandage, used to control venous and arterial circulation to an extremity for a period of time. Pressure is applied circumferentially upon the skin and underlying tissues of a limb; this pressure is transferred to the walls of vessels, causing them to become temporarily occluded. It is generally used as a tool for a medical professional in applications such as cannulation or to stem the flow of traumatic bleeding.

North America is the largest supplier and consumer of Tourniquet with a production market share of 35% and a consumption market share of 35%. The second place is Europe, following North America with the production market share of 24% and a consumption market share of 27%.

Market competition is not intense. BD, 3M, Fisher Scientific, Covidien, Zimmer, etc. are the leaders of the industry, with about 10% market share.

The Global Tourniquet Market Size was estimated at USD 913.8 million in 2022 and is projected to reach USD 1086.22 million by 2029, exhibiting a CAGR of 0.03 during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Tourniquet market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Tourniquet Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Tourniquet market in any manner.

Global Tourniquet Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

BD

3M

Fisher Scientific

Covidien

Zimmer

Medline

Cardinal Health

Paul Hartmann

Alimed

Avcor Health Care

Tetra Medical Supply Corp

JIEAN

KeHua

Yancheng Senolo Medical

Xingtong Biotechnology

JSYH Medical

Market Segmentation (by Type)

Latex Tourniquet

TPE Tourniquet

Other

Market Segmentation (by Application)

Onshore

Offshore

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Tourniquet Market

Overview of the regional outlook of the Tourniquet Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors